Summit Midstream Corporation (SMC)

34.08 +0.56% (+0.19)

Over 5Y: +2.7%

2026-08-28
10 20 30 40
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '23 — Revenue: 121.2M Q3 '23 — Net Income: 251K Q4 '23 — Revenue: 127.3M Q4 '23 — Operating Cash Flow: 16.1M Q4 '23 — Free Cash Flow: -2.9M Q4 '23 — Net Income: -18.8M Q1 '24 — Revenue: 118.9M Q1 '24 — Operating Cash Flow: 43.6M Q1 '24 — Free Cash Flow: 27.2M Q1 '24 — Net Income: 129.2M Q2 '24 — Revenue: 101.3M Q2 '24 — Operating Cash Flow: -12.6M Q2 '24 — Free Cash Flow: -23.2M Q2 '24 — Net Income: -31M Q3 '24 — Revenue: 102.4M Q3 '24 — Operating Cash Flow: 9.2M Q3 '24 — Free Cash Flow: -1.8M Q3 '24 — Net Income: -204.9M Q4 '24 — Revenue: 107M Q4 '24 — Operating Cash Flow: 21.6M Q4 '24 — Free Cash Flow: 5.9M Q4 '24 — Net Income: -15.4M Q1 '25 — Revenue: 132.7M Q1 '25 — Operating Cash Flow: 16M Q1 '25 — Free Cash Flow: -4.6M Q1 '25 — Net Income: -1.9M Q2 '25 — Revenue: 140.2M Q2 '25 — Operating Cash Flow: 37.2M Q2 '25 — Free Cash Flow: 10.8M Q2 '25 — Net Income: -8M Q3 '25 — Revenue: 146.9M Q3 '25 — Operating Cash Flow: 26.7M Q3 '25 — Free Cash Flow: 3.8M Q3 '25 — Net Income: -1.6M Q4 '25 — Revenue: 142.3M Q4 '25 — Operating Cash Flow: 53.7M Q4 '25 — Free Cash Flow: 34.5M Q4 '25 — Net Income: 5.6M Q1 '26 — Revenue: 139.1M Q1 '26 — Operating Cash Flow: 6.9M Q1 '26 — Free Cash Flow: -12.4M Q1 '26 — Net Income: -5.3M Q2 '26 — Revenue: 155M Q2 '26 — Operating Cash Flow: 43.9M Q2 '26 — Free Cash Flow: 18.9M Q2 '26 — Net Income: 1.6M -160M -80M 0 80M 160M
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.4
Oper. margin 14.6%
OE margin 6.2%
ROIC 3.7%
Accruals -5.4%
Gross margin 71.5%
OCF / EBIT 1.5×
OCF margin 22.5%
FCF margin 7.7%
ROCE 3.7%
ROA 0.012%
ROE 0.048%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.5
RPO / sales 0.014×
Segment HHI 0.39 HHI
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.5
ND/EBITDA —
Payout 0.0%
Quick ratio 0.94×
F-score 5.0 pts
Cash / Debt 0.017×
Debt / Eq 2.1×
Debt payback 27.3 yr
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.0
Sales/sh Y/Y +5.6%
EBIT Y/Y +144.8%
Sales Q/Q +10.6%
EBIT CAGR +4.2%
Shares change +14.5%
Div. growth —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Sales CAGR 4Y —

3 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.